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Side-by-side financial comparison of Excelerate Energy, Inc. (EE) and Select Water Solutions, Inc. (WTTR). Click either name above to swap in a different company.
Excelerate Energy, Inc. is the larger business by last-quarter revenue ($433.4M vs $346.5M, roughly 1.3× Select Water Solutions, Inc.). Excelerate Energy, Inc. runs the higher net margin — 11.5% vs -0.1%, a 11.6% gap on every dollar of revenue. On growth, Excelerate Energy, Inc. posted the faster year-over-year revenue change (37.6% vs -0.7%). Over the past eight quarters, Excelerate Energy, Inc.'s revenue compounded faster (53.8% CAGR vs -2.8%).
Excelerate Energy, Inc. is a global leading provider of flexible liquefied natural gas (LNG) solutions, offering floating storage and regasification units, LNG delivery services and integrated infrastructure projects. It serves utility and industrial clients across Europe, Asia, Latin America and the Middle East, supporting markets to achieve accessible low-carbon energy transitions.
Select Water Solutions, Inc. is a leading provider of end-to-end water management, fluid handling, and environmental sustainability services primarily catering to the North American onshore oil and gas exploration and production sector. Its core offerings include water sourcing, treatment, recycling, disposal, and chemical solutions to help clients cut operational costs and reduce environmental footprint.
EE vs WTTR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $433.4M | $346.5M |
| Net Profit | $50.0M | $-346.0K |
| Gross Margin | — | 13.1% |
| Operating Margin | 18.9% | -0.1% |
| Net Margin | 11.5% | -0.1% |
| Revenue YoY | 37.6% | -0.7% |
| Net Profit YoY | -4.1% | 78.9% |
| EPS (diluted) | $0.37 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $433.4M | — | ||
| Q4 25 | $317.6M | $346.5M | ||
| Q3 25 | $391.0M | $322.2M | ||
| Q2 25 | $204.6M | $364.2M | ||
| Q1 25 | $315.1M | $374.4M | ||
| Q4 24 | $274.6M | $349.0M | ||
| Q3 24 | $193.4M | $371.3M | ||
| Q2 24 | $183.3M | $365.1M |
| Q1 26 | $50.0M | — | ||
| Q4 25 | — | $-346.0K | ||
| Q3 25 | — | $2.7M | ||
| Q2 25 | — | $10.6M | ||
| Q1 25 | — | $8.2M | ||
| Q4 24 | — | $-1.6M | ||
| Q3 24 | — | $15.8M | ||
| Q2 24 | — | $12.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 13.1% | ||
| Q3 25 | — | 13.5% | ||
| Q2 25 | — | 15.9% | ||
| Q1 25 | — | 14.9% | ||
| Q4 24 | — | 12.7% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | — | 16.5% |
| Q1 26 | 18.9% | — | ||
| Q4 25 | 22.2% | -0.1% | ||
| Q3 25 | 22.3% | -0.5% | ||
| Q2 25 | 21.2% | 4.2% | ||
| Q1 25 | 20.9% | 4.2% | ||
| Q4 24 | 21.9% | 0.7% | ||
| Q3 24 | 30.9% | 6.6% | ||
| Q2 24 | 27.2% | 5.6% |
| Q1 26 | 11.5% | — | ||
| Q4 25 | — | -0.1% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | — | 4.3% | ||
| Q2 24 | — | 3.5% |
| Q1 26 | $0.37 | — | ||
| Q4 25 | $0.24 | — | ||
| Q3 25 | $0.43 | — | ||
| Q2 25 | $0.15 | — | ||
| Q1 25 | $0.46 | — | ||
| Q4 24 | $0.42 | — | ||
| Q3 24 | $0.35 | — | ||
| Q2 24 | $0.26 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $540.1M | $18.1M |
| Total DebtLower is stronger | $23.7M | $320.0M |
| Stockholders' EquityBook value | $2.3B | $805.6M |
| Total Assets | $4.1B | $1.6B |
| Debt / EquityLower = less leverage | 0.01× | 0.40× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $540.1M | — | ||
| Q4 25 | $538.2M | $18.1M | ||
| Q3 25 | $462.6M | $17.8M | ||
| Q2 25 | $426.0M | $51.2M | ||
| Q1 25 | $619.5M | $27.9M | ||
| Q4 24 | $537.5M | $20.0M | ||
| Q3 24 | $608.4M | $10.9M | ||
| Q2 24 | $609.1M | $16.4M |
| Q1 26 | $23.7M | — | ||
| Q4 25 | $936.3M | $320.0M | ||
| Q3 25 | $942.0M | $305.0M | ||
| Q2 25 | $946.2M | $275.0M | ||
| Q1 25 | $322.6M | $250.0M | ||
| Q4 24 | $333.6M | $85.0M | ||
| Q3 24 | $345.7M | $80.0M | ||
| Q2 24 | $356.4M | $90.0M |
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.2B | $805.6M | ||
| Q3 25 | $2.2B | $808.1M | ||
| Q2 25 | $2.1B | $799.3M | ||
| Q1 25 | $1.9B | $793.1M | ||
| Q4 24 | $1.9B | $793.5M | ||
| Q3 24 | $1.9B | $796.5M | ||
| Q2 24 | $1.8B | $782.0M |
| Q1 26 | $4.1B | — | ||
| Q4 25 | $4.1B | $1.6B | ||
| Q3 25 | $4.1B | $1.6B | ||
| Q2 25 | $4.0B | $1.5B | ||
| Q1 25 | $2.9B | $1.5B | ||
| Q4 24 | $2.9B | $1.4B | ||
| Q3 24 | $2.9B | $1.3B | ||
| Q2 24 | $2.9B | $1.3B |
| Q1 26 | 0.01× | — | ||
| Q4 25 | 0.42× | 0.40× | ||
| Q3 25 | 0.43× | 0.38× | ||
| Q2 25 | 0.44× | 0.34× | ||
| Q1 25 | 0.17× | 0.32× | ||
| Q4 24 | 0.18× | 0.11× | ||
| Q3 24 | 0.18× | 0.10× | ||
| Q2 24 | 0.19× | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $60.0M | $65.5M |
| Free Cash FlowOCF − Capex | — | $-6.0M |
| FCF MarginFCF / Revenue | — | -1.7% |
| Capex IntensityCapex / Revenue | — | 20.6% |
| Cash ConversionOCF / Net Profit | 1.20× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-79.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $60.0M | — | ||
| Q4 25 | $104.4M | $65.5M | ||
| Q3 25 | $114.9M | $71.7M | ||
| Q2 25 | $87.1M | $82.6M | ||
| Q1 25 | $154.8M | $-5.1M | ||
| Q4 24 | $49.6M | $67.8M | ||
| Q3 24 | $39.8M | $51.9M | ||
| Q2 24 | $90.4M | $83.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-6.0M | ||
| Q3 25 | — | $-23.5M | ||
| Q2 25 | — | $3.2M | ||
| Q1 25 | — | $-53.5M | ||
| Q4 24 | — | $12.7M | ||
| Q3 24 | — | $16.7M | ||
| Q2 24 | — | $34.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | -1.7% | ||
| Q3 25 | — | -7.3% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | -14.3% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | — | 4.5% | ||
| Q2 24 | — | 9.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 20.6% | ||
| Q3 25 | — | 29.6% | ||
| Q2 25 | — | 21.8% | ||
| Q1 25 | — | 12.9% | ||
| Q4 24 | — | 15.8% | ||
| Q3 24 | — | 9.5% | ||
| Q2 24 | — | 13.5% |
| Q1 26 | 1.20× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 26.72× | ||
| Q2 25 | — | 7.76× | ||
| Q1 25 | — | -0.61× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 6.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EE
| LNG, gas and power | $275.2M | 63% |
| Terminal services | $158.3M | 37% |
WTTR
| Water Services | $178.3M | 51% |
| Marcellus Utica | $38.6M | 11% |
| Rockies | $38.3M | 11% |
| Eagle Ford | $28.2M | 8% |
| Midcon | $23.0M | 7% |
| Haynesville E.Texas | $19.1M | 6% |
| Bakken | $17.3M | 5% |
| Eliminations And Other Geographical Regions | $3.6M | 1% |
